Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lathrop Rd Tracy, CA 95304
    Back to Search
    Property profile & analytics

    Lathrop Rd, Tracy, CA 95304

    View on Map
    • Retail properties & Spaces
    • 13,800 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Lathrop Rd

    Property type
    Retail properties & Spaces

    Description

    This exceptional retail center, located at the Southwest corner of W Lathrop Rd in Manteca, CA 95304, offers 13,800 square feet of completely vacant space for lease. The property sits on a sizable lot ranging from 1.1 to 1.4 acres and is zoned for commercial use within San Joaquin County. The building is divided into seven individual suites, providing flexibility for various retail businesses. Each suite offers a minimum of 2,200 square feet, with a maximum contiguous space of 4,000 square feet, ideal for a range of tenants. This presents a unique opportunity for businesses seeking high-visibility locations with ample space. The property's strategic location in Tracy, CA, offers excellent access to major transportation routes, ensuring high traffic flow and potential customer reach. The entire 13,800 square feet is currently available, allowing for a single large tenant or multiple smaller businesses to occupy the space. This is a prime opportunity to establish a presence in a thriving commercial area. The property's commercial zoning ensures a wide range of permitted uses, making it suitable for a variety of retail concepts. Contact us today to learn more about this exceptional retail opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tracy
    County
    San Joaquin
    State
    California
    Longitude
    -121.377
    Latitude
    37.6842

    Comparable in this City

    • Value Estimation by Request
      804,118 SF

      23751 Bird Rd

      Airport retail
      23751 Bird Rd, Tracy, CA 95304
      View Details
    • Value Estimation
      $7,385,000
      100,950 SF

      3400 Naglee Rd

      DEPARTMENT STORE
      3400 Naglee Rd, Tracy, CA 95304-7304
      View Details
    • Value Estimation
      $2,870,000
      85,116 SF

      3350 Naglee Rd

      DEPARTMENT STORE
      3350 Naglee Rd, Tracy, CA 95304-7322
      View Details
    • Value Estimation by Request
      10.82 Acres

      38380 Costa Rnch Rd

      NURSERY, GREENHOUSE, FLORIST
      38380 Costa Rnch Rd, Tracy, CA 95304
      View Details
    • Value Estimation
      $6,880,000
      51,492 SF

      3100 Naglee Rd

      DEPARTMENT STORE
      3100 Naglee Rd, Tracy, CA 95304-7319
      View Details
    • Value Estimation
      $13,510,000
      148,663 SF

      3250 Grant Line Rd

      DEPARTMENT STORE
      3250 Grant Line Rd, Tracy, CA 95304-8427
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      55,822 SF

      Safeway Anchored Neighborhood Center

      Newly constructed 55,822 SF Safeway anchored neighborhood center.
      19555 Mountain House Pkwy, Tracy, CA 95304
      View Details
    • Contact for pricing

      Vacant Lots in Prime Location

      Three adjoining vacant lots with potential for various uses.
      Tracy, CA 95304
      View Details
    • Contact for pricing

      Established Orchard with Irrigation System

      Two parcels featuring a Chandler walnut orchard with irrigation.
      Tracy, CA 95304
      View Details
    • Contact for pricing
      82,000 SF

      Manufacturing/Distribution Facility with Highway Access

      Former US Can manufacturing and distribution facility with highway access.
      35275 S Welty Rd, Vernalis, CA 95304
      View Details
    • $649,888

      Land For Sale

      Land available for sale on S Lammers Road, Tracy.
      19366 S Lammers Rd, Tracy, CA 95304
      View Details
    • $9,850,000

      Freeway Frontage Commercial Land

      Prime development opportunity in Tracy, CA with freeway frontage.
      10722-10792 W Larch Rd, Tracy, CA 95304
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Tracy, California.
      3200 Naglee Rd, Tracy, CA 95304
      View Details
    • Contact for pricing
      1,810 SF

      Regional Retail Hub For Lease

      Regional retail, dining, and entertainment hub with diverse tenants.
      2800-3350 Naglee Rd, Tracy, CA 95304
      View Details
    • Contact for pricing

      Paved Yard with Parking Stalls

      Centrally located, fully fenced and paved yard with parking.
      22656 Kasson Rd, Tracy, CA 95304
      View Details
    • Contact for pricing
      2,400 SF

      Regional Power Center Retail Space

      Retail space in a regional power center anchored by major retailers.
      3244-3254 W Grant Line Rd, Tracy, CA 95304
      View Details
    • Contact for pricing

      Land Near Interstate 205

      Commercial land available near major transportation routes and retail.
      3075 Naglee Rd, Tracy, CA 95304
      View Details
    • Contact for pricing

      Commercial Land Near Interstate 205

      Commercial land for rent near major transportation routes.
      3080 Naglee Rd, Tracy, CA 95304
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Lathrop Rd
    Tracy, CA 95304
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Lathrop Rd, Tracy, CA, 95304
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!